HomeMy WebLinkAbout11/17/1986 FINANCE COMMITTEE
November 17, 1986
6:30 P.M.
Large Conference Room
Members Present: Chairperson Dowie, Seeber and Miller. The Agenda, as
proposed, was approved.
The following bids were reviewed for three radios for the Street Department:
BIDDER BID AMOUNT
Iowa Radio Service $1,650.00
Radio Communications Co. $1,891.00
It was the recommendation of the Superintendent of Central Garage to accept the
bid of Radio Communications Company. There was some discussion on the crystals.
It was moved by Seeber, seconded by Dowie that the bid of Radio Communications
Company be approved, subject to further review by the Superintendent of Central
Garage. Motion carried.
The following bids were reviewed for a blueprint machine for the City Engineer's
Office:
BIDDER BID AMOUNT
Acme Reproduction & Supply, Inc. $1,099.75
Iowa Engineers & Surveyors Supply
--(3 different machine bids) $1,915.10
-- $1 ,875.10
$1,675.10
Mid-State Reproduction & Supply $1,740.00
Rapids Reproductions, Inc. $1,591.69
It was moved by Miller, seconded by Seeber that the recommendation of the City
Engineer to accept the bid of Acme Reproduction & Supply, Inc. , in the amount of
$1,099.75 be approved. Motion carried.
The request of Waterloo Metropolitan Transit Authority for a loan guarantee to
be signed by the City of Waterloo to guarantee a loan from the bank, with an
open line of credit not to exceed $200,000 for continued operation of MET was
reviewed. It was moved by Seeber, seconded by Miller that authorization be
given to the Mayor and City Clerk to sign said agreement. Motion carried.
It was moved by Seeber, seconded by Miller that authorization be given to the
Superintendent of Central Garage to take bids on one pick-up truck for the
Street Department Foreman. Motion carried.
The request of the Police Department for authorization to dispose of two video
poker, coin-operated machines was reviewed. The machines are confiscated
property that have been forfeited. The items will be advertised in the Waterloo
Courier with a $400 required minimum bid. It was moved by Seeber, seconded by
Miller that authorization be given as requested. Motion carried.
It was mnved by Miller, seconded by Seeber that the bill payments contained in
Schedule A, A900 pp. 1 - 18, totalling $118,474.71, dated November 17, 1986 be
recommended for approval to the City Council . Motion carried.
With no further business before the Committee, the meeting was adjourned.
Larry P. Burger
City Clerk/Auditor